Daily News for Commercial Real Estate & Business – September 8, 2010

COLLIERS INTL. BROKERS $1.55 MILLION MULTIFAMILY ACQUISITION The 66-unit Desert Crest, a multifamily property located at 6141 North 59th Ave. in Glendale, has sold for approximately $1.551 million. Built in 1985, Desert Crest consists of 54,720 square feet on about 2.46 acres. View article… Commerce Bank of Arizona taps John Lewis to lead Phoenix expansion […]

Daily News for Commercial Real Estate & Business – September 7, 2010

PRUDENTIAL BUYS NOTE SECURED BY GRAY DEVELOPMENT APARTMENTS . . . FILES TRUSTEE’s SALE Phoenix – A company formed by Prudential Real Estate Investors has filed foreclosure proceedings on a $82.52+ million loan that is secured by Valley apartment projects and multi-family land owned by Gray Development Group in Phoenix. View article… FORMER BELDEN INDUSTRIAL […]

Daily News for Commercial Real Estate & Business – September 3, 2010

I will not be sending out a Daily News email on Monday. I hope you and your families enjoy the long Labor Day Weekend! To view this weeks “The Watchlist” by Costar, click here. Ohio developer buys Centerpoint for $30M, plans to finish by summer 2011 The unfinished Centerpoint high-rise project in downtown Tempe has […]

Daily News for Commercial Real Estate & Business – September 2, 2010

To view the September 2010 Affordable Housing Finance magazine, click here. Two Closings in Two Days Nicholas L Miner, CCIM and David G Verwer, CCIM recently completed two commercial property sales in two days. View article… Grubb & Ellis Apartment REIT Cuts Deal for Mission Residential Assets Grubb & Ellis Apartment REIT Inc. entered into […]

Two Closings in Two Days

Nicholas L Miner, CCIM and David G Verwer, CCIM recently completed two commercial property sales in two days. The first transaction was a 13,000 Sq. Ft of Office/Flex building in North Scottsdale. It was formerly occupied by the Raintree Pet Resort. The interesting part about this sale was it was a short sale with two […]

Daily News for Commercial Real Estate & Business – September 1, 2010

Mesa says it won’t push Waveyard out of Cubs’ pick for training site Mesa insists it will not oust the Waveyard water park developers from the Riverview Park property even as that site has emerged as the Chicago Cubs’ top choice for a new spring training complex. View article… WhiteGlove House Call coming to Arizona […]